NuVasive Inc reports results for the quarter ended in September - Earnings Summary

NuVasive

09/11/2022 22:56

* NuVasive Inc  NUVA.OQ  reported quarterly adjusted
earnings of
54 cents​​ per share for the quarter ended in September. The
mean expectation of eighteen analysts for the quarter was
for earnings of 54 cents per share.
    * Revenue rose 9% to $295.28 million from a year ago;
analysts
expected $298.75 million. 
    * NuVasive Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NuVasive Inc shares had fallen by 10.4% this quarter and
lost 25.2% so far this year.
    * The company reported a quarterly loss of $1.98 million.
    * Wall Street's median 12-month price target for NuVasive
Inc is
$55.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 10:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.54           0.54           Met
 Jun. 30 2022      0.56           0.47           Missed
 Mar. 31 2022      0.39           0.54           Beat
 Dec. 31 2021      0.49           0.40           Missed